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Exits

Men's fashion retailers and designers
PE-backed Coin sells 12% stake in OVS

As a result of the deal, Coin has reduced its stake in the retail business from 42% to 30%

  • Exits
  • 12 May 2017
Shutters and windows
Ares sells Hillarys to Hunter Douglas in £300m deal

Vendor had previously taken part in a refinancing for the company and reportedly acquired it in 2016

  • Exits
  • 12 May 2017
Industrial plumbing
FSN's Instalco to float with SEK 2.5bn market cap

At completion of the overallotment option, the GP will retain a 19.6% stake in the business

  • Exits
  • 12 May 2017
Robotics and automated factory lines
Quadriga sells M&R Automation to PIA

Acquisition will strengthen PIA's portfolio in the powertrain and e-mobility production segment

  • Exits
  • 12 May 2017
Clinical trials and biotechnology
PAI enters exclusivity with Ergon for EliTech SBO

Ergon bought the medical equipment maker in 2010 in a deal valued at more than €100m

  • Buyouts
  • 12 May 2017
Sleep aids
Inventure sells Beddit to Apple

Nordic early-stage VC firm sells its stake in the Finnish sleep monitoring sensor manufacturer

  • Exits
  • 11 May 2017
Row of desktop PCs
Apax France et al. sell down remaining stakes in GFI

Qatar-based Mannai Corporation will increase its holding in the French IT business from 51% to 95%

  • Exits
  • 11 May 2017
Glass bottles and containers
LBO France buys VetroElite from Gradiente

Deal saw the Italian mid-cap private equity house divest the asset after a four-year holding period

  • Buyouts
  • 09 May 2017
Laboratory equipment and furnishings
EMBL and Life Sciences Partners sell Luxendo to Bruker

Bruker will expand its portfolio with the addition of Luxendo's microscopes and intellectual property

  • Exits
  • 09 May 2017
Branding and marketing
HIG sells Brand Addition to Elysian

Acquirer takes a majority stake in the merchandising company, with HSBC and Beechbrook providing debt

  • Exits
  • 08 May 2017
Consumer retail
Project A sells Minodes to Telefonica Next

Fifth exit from Project A's first fund, which held a final close on €80m in 2012

  • Exits
  • 05 May 2017
Recruitment agents and human resources
Nova Capital sells DirectorBank in management buy-back

Sale of executive recruitment firm brings to an end an 11-year tenure for the GP

  • Exits
  • 04 May 2017
Scheduling software
HTGF sells Collinor to Godesys

Medium-term goal of the acquisition is to integrate Collinor's software into Godesys's project management systems

  • Exits
  • 03 May 2017
Pills and pharmaceutical products
DBAG sells Romaco to Truking Group

DBAG will initially sell around 75% of the company from its balance sheet and its vehicle DBAG Fund V

  • Exits
  • 02 May 2017
House construction and building materials
Omnes backs Batiweb SBO

French GP secures a minority stake in the business while Ardian realises its 2008 investment

  • Buyouts
  • 02 May 2017
Car lots and showrooms
Intera-backed Kamux to float at 680-800 cents per share

Preliminary price range would put the company's market cap at €253-297m, with 10.1 million existing shares being sold

  • Exits
  • 02 May 2017
Elderly healthcare and nursing homes
Eurazeo sells Colisée to IK Investment Partners

Sale follows a three-year tenure and reportedly values the care home operator at €236m

  • Buyouts
  • 28 April 2017
New York-based lender Muzinich joins forces with Italian GP Wise to support buyout of Primat
Wise sells chemicals producer Primat

Following a three-year holding period, the GP sells its stake to a consortium led by Hat Orizzonte

  • Exits
  • 28 April 2017
TV and film streaming services
BC Partners makes full exit from Com Hem in SEK 3.7bn sale

Sale was agreed at a price of SEK 110 per share and will be a final exit for BC Partners

  • Exits
  • 28 April 2017
Investments in UK technology are escalating.
Warburg Pincus sells Source to Invesco

Previous media reports suggested the vendor was looking for a $400-500m valuation for the asset manager

  • Exits
  • 28 April 2017
Website design and hosting services
Eurazeo PME buys Smile from Keensight

Keensight bought its majority stake in the French open-source IT business in 2014

  • Buyouts
  • 28 April 2017
Isolite manufactures thermal insulation products for the industrial sector
HQ Equita sells Isolite group to Hitachi Chemical

HQ Equita acquired Isolite using capital from Equita Holding in 2010

  • Exits
  • 27 April 2017
Extractor fans and ventilation systems
Nordic Capital-backed Munters to list with SEK 10.1bn market cap

Partial divestment of climate control group comes six and a half years after the GP's acquisition

  • Exits
  • 27 April 2017
Radiators and plumbing services
HgCapital sells Qundis for 3.5x money

Exit represents a 3.5x investment multiple for HgCapital and a 30% gross IRR, with cash proceeds of £36.9m

  • Exits
  • 26 April 2017
133 134 135
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